Author Archive

REALTORS® Reported Strong Buyer Demand and Tight Supply in December 2017

In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic...

Home Sellers Had 2 to 3 Buyer Offers in 2017

In a monthly survey of REALTORS®, seller’s agents who closed a sale are asked “How many offers were received for the most recent property you sold in the past month? Among seller’s agents who closed a sale in December...

In Which States Did Properties Sell Most Quickly in December 2017?

Amid strong demand and tight supply, REALTORS® reported that properties that sold in December 2017 were typically on the market for 40 days in November 2017, down from 52 days compared to the same month last year, according to...

Fewer Cash Sales, Investor Buyers, and Distressed Sales in 2017

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members who reported about their most recent sale for the month “Did the buyer pay in cash, without financing the home?” The share of cash sales...

REALTORS® Typically Expect Home Prices to Increase 3% in 2018

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?” Among...